Bonners & Babingtons says ..

Property Oracle says ..

Princes Risborough is a popular commuter town located in the Chiltern Hills, approximately 40 miles from London. The property is a detached bungalow situated on Park Street, which benefits from being relatively close to the town centre and its amenities. The nearby Princes Risborough train station provides convenient access to London Marylebone via Chiltern Railways. Several primary and secondary schools are within a reasonable distance, although Ofsted ratings for some are not available. The area is generally considered desirable, but the specific location’s desirability within Princes Risborough would require a more detailed local market knowledge.

Based on the provided images, the property appears to be in need of some modernisation. The décor is dated, and some aspects, such as the bathroom, may require updating. While structurally sound, a degree of refurbishment would likely enhance its appeal and market value. The presence of a garden is a positive feature, offering outdoor space. However, its size is not specified, making it difficult to provide a definitive assessment of its value.

The list price of £500,000 is significantly lower than the average house price in the area (£693,000). However, the average house size is considerably larger (1915 sqft vs 1140 sqft), and the property requires modernisation. Considering the property’s condition and size relative to the average, the price might be considered reasonable, although a full survey and valuation would be necessary to confirm this. The lack of plot size information also makes a definitive price assessment difficult. The nearby comparable properties listed are mainly apartments and flats, making direct price comparisons challenging.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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